Home 禄 Business 禄 Real Estate
Shanghai new home sales continue streak
Print Edition
Shanghai鈥檚 new home sales market strengthened for a third consecutive week with increases in both transaction area and average price.
The total area of new residential properties sold, excluding government-funded affordable housing, rose 12.7 percent to around 195,000 square meters last week, Shanghai Centaline Property Consultants Co said yesterday.
Outlying areas continued to register vibrant sales, with several reaching above the 20,000-square-meter mark. Fengxian District outperformed again with transactions exceeding 30,000 square meters. Jiading District followed closely after selling some 29,000 square meters of new homes.
鈥淧roducts in almost all price brackets recorded pretty good sales last week, with four projects securing over 100 units each in sales, indicating quite upbeat momentum in the market,鈥 said Lu Wenxi, Centaline鈥檚 senior research manager.
鈥淎mple new supply helped fend off traditional sluggish sentiment among buyers in January, which is a typical slow season for property sales.鈥
The average price of a new home, meanwhile, climbed 7.4 percent from the previous week to 54,439 yuan (US$7,869) per square meter.
Half of last week鈥檚 10 best-selling developments cost over 50,000 yuan per square meter, with the most expensive bearing a price tag of over 100,000 yuan per square meter.
Citywide, one housing development in Jiading emerged as the most popular project after unloading 19,780 square meters, or 202 units, of new homes at an average cost of 53,355 yuan per square meter.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
